Form 4: Universal Electronics Inc. Director Eric Singer Reports Stock Purchase and Disposal

Sentiment:

SEC Form 4


Director Eric Singer reports purchasing 24,000 shares of Universal Electronics Inc. (UEIC) common stock at an average price of $6.7337 and disposing of 30,403 shares.

Summary

  • On May 13, 2025, Eric Singer, a director and 10% owner of Universal Electronics Inc. (UEIC), purchased 24,000 shares of common stock at a weighted average price of $6.7337, with prices ranging from $6.68 to $6.8314.
  • On the same day, Singer disposed of 30,403 shares.
  • Following these transactions, Singer directly owns 7,254 restricted stock units and indirectly owns 1,544,647 shares through Toro 18.
  • Each restricted stock unit represents a contingent right to receive one share of UEI common stock and vests according to the RSU grant schedule.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock transactions by a company insider. The purchase could be seen as a positive signal, but the disposal offsets it.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key individuals within the company.

Stakeholder Impact

  • The transactions may influence investor sentiment regarding Universal Electronics Inc.

Key Dates

DateDescription
06/24/2024Date of Limited Power of Attorney
05/13/2025Date of stock purchase and disposal transactions

Keywords

UEIC, Universal Electronics Inc., Eric Singer, Form 4, Beneficial Ownership, Stock Transaction, Director, 10% Owner, Toro 18, Restricted Stock Units

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